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Maybe they will dump its stock into a secondary offering on a higher exchange?
I think if you are an IHUB investor, you know that EVERYTHING is a paid promotion. So distinguishing this is really not necessary and distracts form the progress of the company. Is there any negative information you can walk away from concerning that interview? Does it not explain the reasons for the up list application, and confirms that its all part of a bigger plan the company has for the stock? I think these boards are so use to fraud, that it doesn't matter much what a company does anymore, at least down in this cesspool.
She really explains the reasons for the up-list and why, and its all been part of the company plan since the summer. I get it. Its baby steps and she is doing a great job.
Did you listen to it? It really IS an advertisement - she says go to CVS.com and get your safe for the Holidays! Good job Lorraine!
I too am expecting an update from the company going into 2016. There seems to be a lot of movement and a lot of things getting done before the end of the year. News would be nice, but I understand baby steps. Maybe another shareholder update coming.
He is so twisted in minutia that he has his facts wrong. I am sure if that were true, the company would have disclosed that as well. I can't find that it did. And if it did, would just mean even more IP for RXSF.
Yea. You need to fact check. Your Information is incorrect. That has nothing to do with RXSF. According to Lorraine. Wrong IP. Wrong company.
You should fact check yourself. Grasping at straws to attempt to paint a negative picture makes it a foolish exercise.
Your sources are solely mistaken. Had you bothered to check your facts, Axius did not collect any fees for 2013 and 2014. It's all in the filings. Filings you continue to choose to ignore.
It's a shame that the actual facts do not fit your narrative.
I am guessing it will take 3 years to reach $100M in revenues. That will probably also depend on the size and type of institutional investment the company agrees to as well, but piecing together what the CEO says, I am guessing, $5M now, $5M in 6 months and then in between months 9 and 12, a $15M secondary on a national exchange. Thats what makes some sense to me.
Sounds about right.
Have a feeling next week will be better and then the week before XMAS - oh boy!
And you still don't have that right.
So inconsistent of an analysis.
IMHO, in a few days, we should have several new MM's on the box, all vying for a limited amount of stock.
Hokie - he will say he doesn't have to do that, and he can find his answers in filings. Truth is, he would be exposed because what he can't figure out is why. In fact, I would be, that all of the innuendo he raises, will be answered by future filings. What a public company does, and the reasons for it don't always align with flippers schedules. Only the CEO can answer that, if she gives him the time of day. Funny that. He would NEVER call her. We all have told him to. So he will continue to pretend he finds these smoking guns that tell a story HE wants you to believe. Nothing more.
Goes to show a little knowledge is dangerous. 1st ELOC cancelled and terminated because the way the look back and conversion feature worked, and the market discount was too dilutive and not good for the company. That was an excellent decision by her. Kodiak? Looks like that was put in place for manufacturing capital since any businessman knows with manufacturing , you are going to pay a 18 - 25% fee on the PO funding anyway - PLUS - you LOSE ALL CONTROL of your A/R's because they have to be assigned to, and collected by the lender. I am guessing you have limited experience with manufacturing lines of credit. Much different than a retail store funding floor plan. Lending source (factor) takes all of his money directly from the receivable, and gives the company its balance. Usually 60 days after receipt. This potential transaction looks to me that the company will control its own revenues and cash flow, and that this is probably just an interim financing solution for inventory - didn't need an MBA to figure that one out. Good thing is, they may never us it. Its there for the company to decide which type of financing would be better for manufacturing. Thats my guess. I know yours. Convert, slam, tank the stock, doom and gloom, bad CEO.
No, we agree that you are wrong on this. Good try though.
Its misleading cherry picking. Nothing more.
Its never enough, never will be enough, maybe Lorraine should just shut the doors and walk away or take it private.
We all are.
OTC is NOT use to actual real BIG numbers. Neither are its investors. Give it time and I am sure the disclosures will all catch up.
As soon as the company is listed on QB and the D is off, I bet you see at least 5 new market makers day 1 Then there will be upward pressure on NITE.
I think the company's actions will continue to speak for itself. If people choose to interpret it negatively, there is nothing you can do to change their minds. If you look at things logically, you can easily piece together the bigger picture - and things take time.
It says this CEO does what she says she is going to do. You can't make an application to a national exchange unless you come from the QB or QX. Its that simple. That should tell you that her plans are in motion, and even in the interim, will open up the company to thousands of retail brokers who could't buy and sell on the pinks. It should help liquidity and is the first step to get some new eyes on this company. I am sure they are trying to time approval for listing with the "D" falling off the symbol followed by substantive news in 2016.
$6400 bid at .32? Interesting.
Maybe some news will come out around the 10th.
Don't be surprised to see a HUGE shareholder update soon.
Might as well sell then and get out of the way. Only fraud OTC companies put out news like taking out the garbage. And that scheme ONLY helps flippers and does nothing for the company. This CEO has done everything she said she would. If you are losing faith just because the news isn't flowing, its better to repurpose your investments now. Ever think she is busy working on sales, working to bring in real financing while developing products? I rather see real substantive news.
Theres no real trading going on. Take a look at NITE, look at their sells and buys and do your own math. NITE sells 1000 shares at $1.40, then picks up 1000 shares at $1.10 Wait for it........
The "deal" on the patent will probably be disclosed in the next filing because that deal occurred during this operating period, not the one covered by the last Q. Everything else is just nonsense. It should be all about growth now. Not what someone may or may not do with their stock. I am sure they are focusing on business now, like she said they would. Thats why there is nothing to say until the next filing (the K) comes out. I guess she will also use press to disclose more material events. So I am waiting to see. No rush.
You need only care about that if they convert and sell, both of which they haven't done.
Agreed, but real business takes time to develop, and I am sure you can attest to that. Let's see what the next filing indicates.
BUT YES - sales THIS quarter AND hard assets. Wait for the K.
The bull pen is being filled. Wait for it.
I am sure she is climbing into the earth-mover as we type.
Shorters Cheeky, not sellers.
NITE covered what he sold last week at $1.40. Made at least $.30 a share.
Classic NITE.
Cheeky, I am sure the company has plans to meet and exceed ALL of the NASDAQ criteria. Who knows, it may even try for NYSE-MKT. But for some to speculate and doubt managements intent, you just need to pay attention because she laid out the plan last month, and I am sure its a several month plan. All these things take time, and I would say it all starts with proper financing. After financing, everything should fall into place. I think proper financing is key and the first step.